Future Economists

Seeds of future prosperity lies in today's children,
Let's join our hands to nurture the seed,
To its fullest growth,
for the greater welfare of Society.
Let's be united to remove the
poverty and corruption.


Monday, August 26, 2013

What are the factors effecting women's choice for occupation?

Grade 8B


 Discuss to what extent non-wage factors are likely to be more important than wage factors in influencing a woman’s choice of occupation.

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

What are the factors effecting women's choice for occupation?

Grade 8A


 Discuss to what extent non-wage factors are likely to be more important than wage factors in influencing a woman’s choice of occupation.

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

What are the factors effecting women's choice for occupation?

Grade 8C


 Discuss to what extent non-wage factors are likely to be more important than wage factors in influencing a woman’s choice of occupation.

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Government's role in an Economy

Grade 11BN


Discuss how government can play an effective role 
in the management of economic activities 
in a particular economy.  

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Government's role in an Economy

Grade 10B


Discuss how government can play an effective role 
in the management of economic activities 
in a particular economy.  

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Government's role in an Economy

Grade 9B


Discuss how government can play an effective role 
in the management of economic activities 
in a particular economy.  

Time Duration for submitting the Article is 

 August  25th to September 1st, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Monday, August 19, 2013

How does government can influence the market forces?

Grade 9B_IGCSE

" Discuss the advantages and disadvantages 
of a government intervening in a market 
through the use of subsidies.."

Time Duration for submitting the Article is 

 Aug  19th to August 25th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Wage Differences

Grade 8C


Discuss why some people are prepared to work in low-paid occupations.

Time Duration for submitting the Article is 

 August  19th to August 25th, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Word differences vs wage Differences

Grade 8B


Discuss why some people are prepared to work in low-paid occupations.

Time Duration for submitting the Article is 

 August  19th to August 25th, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Work preference Vs Wage differences

Grade 8A


Discuss why some people are prepared to work in low-paid occupations.

Time Duration for submitting the Article is 

 August  19th to August 25th, 2013 

 Write your answer here in 500 Words. 



For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Tuesday, August 06, 2013

Government and Market failure

Grade 11BN_IGCSE

" Discuss whether government intervention is always successful in correcting market failure."

Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Government and Market failure

Grade 10B_IGCSE

" Discuss whether government intervention is always successful in correcting market failure."

Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Government interference and Firms

Grade 9B_IGCSE

" Sometimes governments do not provide goods and services 
but they still influence the
activities of private firms. Analyse how they might do this."

Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Monday, August 05, 2013

Labour Market and Government intervention

Grade 8 A

Discuss how a government might influence the demand for and the supply of labour."


Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Labour Market and Government Intervention

Grade 8 B

Discuss how a government might influence the demand for and the supply of labour."


Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Labour Market and Government inervention

Grade 8 C

Discuss how a government might influence the demand for and the supply of labour."


Time Duration for submitting the Article is 

 Aug  5th to August 11th, 2013 

 Write your answer here in 500 Words. 
"Marks allocation will be in accordance to the Rubrics"


For rubrics please check in 
'Food for thought column on my bog under title Rubrics'

Sunday, August 04, 2013

Wages homework

Jonathan Utama 8c.                                                                                                                                   Discuss whether wages are the most  important factor influencing the choice of occupation for many individuals.                                                                                                                                                    Answer:Wages are not the most important factors influencing the choice of occupation for many individuals becouse there are other non Wage factors such as satisfaction,promotion,environment,working timing,traveling distance.Many people are willing to work for a lower income if they enjoy the work.Some people prefer to work for a company with regular income,while others prefer the freedom of working for themselves.They are willing to do that in the name of job satisfaction.Next is promotion,many of us want to work in occupation where there is opportunity for promotion.This is why wechoose to work for big companies because the promotion scheme is clear so we feel motivated to get promoted and reach our dream occupation.Then,the working environment,we like to work ina place where the atmosphere is comfortable,the boss and our colleagues are friendly and informative.So,we will feel motivated and welcomed there.the facilities also matter for us such as canteen,health clinic,transportation.Then working timing,some of us like to work in regular hours,so in the evening we can spend time with our famili.While others prefer the flexible working hours,so we can have a second job.Some of us like traveling a lot,so we can see many places.Next is location,where we are excited about the possibility for a new job,it is wise to consider the travelling distance or the traffic.While an hour long drive in heavy traffic might not seem like a problem at the beginning,it can quickly become a crucial factor in how much we enjoy the job.On the other hand,choosing a job simply becouse it is close to our home may not be the best idea either.If we don't enjoy the job,the location won't matter.So we should consider whether the traveling distance or the traffic will affect our ability to do things that are important to us and our family before making a decision.Identifying those factors can help us convince that we choose the most appropriate job,whenever we are looking for a job.Although every job is different,we will find that several common factors may play a part in determining satisfaction with a job or career.We just need to carefully evaluate the importance of these factors to determine which job is our dream job.